Crawford Fund Management LLC Trims Stock Holdings in Hingham Institution for Savings (NASDAQ:HIFS)

Crawford Fund Management LLC trimmed its holdings in Hingham Institution for Savings (NASDAQ:HIFS - Free Report) by 38.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,881 shares of the savings and loans company's stock after selling 3,006 shares during the period. Hingham Institution for Savings comprises about 0.3% of Crawford Fund Management LLC's holdings, making the stock its 28th largest position. Crawford Fund Management LLC owned approximately 0.23% of Hingham Institution for Savings worth $1,188,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HIFS. De Lisle Partners LLP raised its holdings in shares of Hingham Institution for Savings by 60.8% in the third quarter. De Lisle Partners LLP now owns 18,227 shares of the savings and loans company's stock valued at $4,414,000 after purchasing an additional 6,891 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Hingham Institution for Savings by 113.2% in the third quarter. BNP Paribas Financial Markets now owns 2,938 shares of the savings and loans company's stock valued at $715,000 after purchasing an additional 1,560 shares during the last quarter. FMR LLC raised its holdings in shares of Hingham Institution for Savings by 27.0% in the third quarter. FMR LLC now owns 419 shares of the savings and loans company's stock valued at $102,000 after purchasing an additional 89 shares during the last quarter. Quantbot Technologies LP raised its holdings in shares of Hingham Institution for Savings by 49.1% in the third quarter. Quantbot Technologies LP now owns 950 shares of the savings and loans company's stock valued at $231,000 after purchasing an additional 313 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Hingham Institution for Savings by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,527 shares of the savings and loans company's stock valued at $1,101,000 after purchasing an additional 137 shares during the last quarter. 49.33% of the stock is owned by institutional investors.

Hingham Institution for Savings Stock Up 0.3 %

Shares of HIFS stock traded up $0.72 on Friday, hitting $283.26. The stock had a trading volume of 7,587 shares, compared to its average volume of 15,562. The business has a 50 day moving average of $260.79 and a 200 day moving average of $226.55. The stock has a market cap of $609.01 million, a price-to-earnings ratio of 26.76 and a beta of 0.99. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57. Hingham Institution for Savings has a 12-month low of $150.11 and a 12-month high of $300.00.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last posted its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.27%. The business had revenue of $15.21 million during the quarter.

Hingham Institution for Savings Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, January 6th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Monday, January 6th. This represents a $2.52 dividend on an annualized basis and a yield of 0.89%. Hingham Institution for Savings's dividend payout ratio (DPR) is presently 23.86%.

About Hingham Institution for Savings

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.